BusinessFebruary 5, 1996
BUSINESS MEMO: FASTENAL CO. SALES ARE UP
The Fastenal Co., a national distributor of threaded metal fasteners and related construction supplies, reports fourth-quarter sales of $57.9 million -- a gain of 30 percent from sales of $45 million during the same period of 1994. Net earnings per share increased from 14 to 19 cents. Net earnings were $7.2 million for the quarter, up 31 percent from the $5.5 million the year before...
The Fastenal Co., a national distributor of threaded metal fasteners and related construction supplies, reports fourth-quarter sales of $57.9 million -- a gain of 30 percent from sales of $45 million during the same period of 1994. Net earnings per share increased from 14 to 19 cents. Net earnings were $7.2 million for the quarter, up 31 percent from the $5.5 million the year before.
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Fastenal opened 22 new stores during the quarter and now has 412 stores in 35 states.
The local store is at 2228 Bloomfield Road.
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